First Trust Emerging Markets AlphaDEX Fund
FEM
107 hedge funds and large institutions have $269M invested in First Trust Emerging Markets AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 27 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
2.72% less ownership
Funds ownership: 66.26% → 63.55% (-2.7%)
15% less funds holding
Funds holding: 126 → 107 (-19)
37% less capital invested
Capital invested by funds: $424M → $269M (-$155M)
63% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 27
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$20.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.84M |
| 3 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$4.73M |
| 4 |
Jane Street
New York
|
+$4.19M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$18.7M |
| 2 |
Morgan Stanley
New York
|
-$8.6M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$6.02M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.55M |
| 5 |
PA
Pinnacle Associates
New York
|
-$5.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EP
126
Eudaimonia Partners
Winchester,
Tennessee
| – | -$21K | -791 | Closed |
|
|
HPC
127
HM Payson & Co
Portland,
Maine
| – | -$13K | -500 | Closed |
|
|
ACM
128
Anfield Capital Management
Irvine,
California
| – | -$10K | -384 | Closed |
|
|
GRP
129
Global Retirement Partners
San Rafael,
California
| – | -$10K | -375 | Closed |
|
130
Fidelity Investments
Boston,
Massachusetts
| – | -$3.55K | -151 | -99% |
|
|
CAL
131
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$2K | -72 | Closed |
|
|
RFM
132
Royal Fund Management
Lady Lake,
Florida
| – | -$1K | -40 | Closed |
|
|
MRCM
133
M&R Capital Management
Summit,
New Jersey
| – | +$47 | +2 | +6% |
|
|
SL
134
Savior LLC
Wellesley Hills,
Massachusetts
| – | +$541 | +23 | New |
|
FEM Hedge Fund Activity: Q1 2020 in Review
107 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Emerging Markets AlphaDEX Fund (FEM) for Q1 2020, worth a combined $269M — down 37% from $424M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FEM and 10 opened new positions — a net loss of 17 holders — while 45 trimmed existing stakes and 43 added.
The largest buyer was American Financial Advisors, opening a new position worth an estimated $20.2M. The largest seller was Wells Fargo, cutting an estimated $18.7M.
- 107 institutional investors held First Trust Emerging Markets AlphaDEX Fund (FEM) as of Q1 2020, down from 126 in Q4 2019.
- Funds reported $269M of First Trust Emerging Markets AlphaDEX Fund stock for Q1 2020, down 37% quarter-over-quarter.
- 10 funds opened new First Trust Emerging Markets AlphaDEX Fund positions in Q1 2020 and 27 closed out, a net change of -17 holders.
- The largest First Trust Emerging Markets AlphaDEX Fund buyer in Q1 2020 was American Financial Advisors, an estimated $20.2M added.
- The largest First Trust Emerging Markets AlphaDEX Fund seller in Q1 2020 was Wells Fargo, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2020.